Host: One more initiative is designed to fill up the LT pipeline. We plan to launch the Verizon Wireless Lt Innovation Center later this year as an I you baiter for new products in the areas of consumer electronics, telemetrics, and machine to machine products for healthcare, security, and utility metering. Working with our partners, 4 G partners Erikson and Alcatel Lucent Assumed spelling will provide an environment for testing, prototyping, trialing new LTE products and concepts, giving innovators the tools they need to develop creative solutions for connecting people, places, and things. We're also joining with some of the world's biggest mobile operators in creating a global community for innovation on the application side. About a year ago, Motophone, Self Bank and China Mobile formed a joint innovation laboratory to speed the development of mobile widgets and other content. Verizon plans to join in that effort. Together, our companies represent 1 billion customers worldwide. That critical mass of customers will accelerate this market to the tipping point and make these useful applications widely available across any device, any hand set, anywhere around the world.
==== Transcribed by Automatic Sync Techologies ====
